Financial Statements(under Japanese GAAP)
January 30, 2015
Company nameIFIS JAPAN LTD.
Stock Exchange listing TSE
Code number7833
URL http://www.ifis.co.jp
Representative President
Kazuharu Osawa
ContactDirector
Shogo Noguchi
TEL 81-(3)6825-1250
Scheduled date of annual
Scheduled start date ofMarch 20, 2015
March 23, 2015
shareholder’s meeting
dividend
Scheduled submission date
March 23, 2015of annual security report
Preparation of supplementary material on earnings：Yes
Holding of earnings performance review：Yes (for analysts)(Fractions less than ¥1 million have been omitted.)
1.Consolidated Financial Results for the Fiscal Year Ended December 31, 2014(January 1, 2014 toDecember 31, 2014)(1) Consolidated Operating Results(Percentages figure represent changes from same period of previous year. )Net sales
Operating income
Ordinary income
Net income％¥ million

Fiscal year ended
3,708
7.4
December 2014
Fiscal year ended 3,454
9.3
December 2013
(Note)
Comprehensive
income (loss)％¥ million

19.5

392

16.4

265

20.6

318

51.7

337

55.4

220

42.2

Fiscal year ended ¥270 million
December 2014(18.4%)¥Return on equity¥ million

Fiscal year ended
December 2014
Fiscal year ended
December 2013
(Reference) Equity

Fiscal year ended
December 2013

Return on
assets％¥Fiscal year ended
27.53
27.51
13.3
December 2014
Fiscal year ended
22.84
22.81
12.4
December 2013
(Reference) Earnings on
Fiscal year ended ¥1 million
investments in equity- December 2014
method affiliates(2) Consolidated Financial Position
Total assets％¥ million

380

Diluted net
income pershare

Net income
per share％¥ million

Net assets¥228 million(42.5%)

Profit margin on
sales％％

15.4

10.314.6

9.2

Fiscal year ended
December 2013

Equity ratio¥3 million

Net assets per share％¥ million

¥

2,634

2,107

80.0

218.22

2,471

1,932

76.1

194.63Fiscal year ended
December 2013

¥1,879 million

Fiscal year ended
December 2014

¥2,107 million(3) Cash FlowsNet cash provided by Net cash provided by Net cash provided by Closing balance of(used in) operating(used in) investment (used in) financing
cash and cash
activities
activities
activities
equivalents¥ million

Fiscal year ended
December 2014
Fiscal year endedDecember 2013

¥ million¥ million¥ million

312

△55

△421,672

314

△183

△321,457―1―2. Dividends
Annual dividends

1st Qtr¥
Fiscal year ended－December 2013 －2nd Qtr
3rd Qtr Year-end¥¥¥
000 － －
4 50

Fiscal year ended －December 2014
Fiscal year ending
December 2015 －(Estimated)－

000 －－

500

5－000 －－

550

5Total
¥4 50

Dividend Dividends
Total cash
payouton equity
dividends ratio(consoli (consolidatedated)d)¥million％％

4319.72.4004818.2

2.450－

17.1－

3. Projected Results for Fiscal year 2015(January 1 to December 31, 2015)(Percentages figure represent changes from same period of previous year.)

OperatingincomeNet sales％¥ million

First half ending
Jun. 2015
Fiscal year ending
Dec. 2015

Ordinary
income％¥ million％¥ million

Net income
per share

Net income％¥ million

¥

1,900

6.8

200

42.6

200

41.5

130

36.1

13.46

4,100

10.6

480

26.3

480

22.3

310

16.6

32.09

＊Notes(1) Significant changes in subsidiaries during the period (changes in specified subsidiaries resulting in
the change in consolidation scope): None
(2) Changes in accounting policies, estimates, and restatements:
1) Changes in accounting policies in accordance with revisions of accounting standards: None
2) Changes other than 1) above: None
3) Changes in accounting estimates: None
4) Restatements: None
(3) Number of shares outstanding (common stock)
Number of shares
outstanding at term
Fiscal year ended
Fiscal year ended
10,242,000 shares
10,238,000 shares
1)end (including treasuryDecember 2014
December 2013stock)
Number of shares of
Fiscal year ended
Fiscal year ended
582,237 shares582,237 shares
2) treasury stock at term
December 2014
December 2013
end
Average number of
Fiscal year ended
Fiscal year ended
9,656,322 shares
9,651,462 shares3) shares during theDecember 2014
December 2013
period―2―

(Reference) Non-Consolidated Financial Results
1. Non-Consolidated Financial Results for the Fiscal Year Ended December 31, 2014(January 1 toDecember 31, 2014)(1) Non-Consolidated Operating Results(Percentages figure represent changes from same period of previous year. )Net sales
Operating income
Ordinary income
Net income％¥ million

Fiscal year ended
December 2014
Fiscal year ended
December 2013％¥ million％¥ million％¥ million

2,494

10.1

263

15.5

272

15.5

166

△6.5

2,265

24.5

228

201.6

236

195.5

177

288.8

Net income per share
Fiscal year ended December 2014
Fiscal year ended December 2013(2)Non-Consolidated Financial Position
Total assets

¥¥

17.20
18.40

17.18
18.37

Net assets¥ million

Fiscal year ended
December 2014
Fiscal year ended
December 2013
(Reference) Equity

Diluted net income per share

Equity ratio

Net assets per share％¥ million

¥

2,176

1,845

84.8

191.07

2,093

1,722

82.2

178.36

Fiscal year ended
December 2013

¥1,722 million

Fiscal year ended
December 2014

¥1,845 million

2. Non-Consolidated earnings forecasts for Fiscal year 2015(January 1 to December 31, 2015)(Percentages figure represent changes from same period of previous year.)Net sales％¥ million

First half ending
Jun. 2015
Fiscal year ending
Dec. 2015

Ordinary income％¥ million

Net income
per share

Net income％¥ million

¥

1,300

7.9

14028.28729.0

9.01

2,700

8.2

320

17.3

200

20.5

20.70

* Disclosure regarding execution of audit procedures
At the time of disclosure of this earnings report, audit procedures in accordance with the Financial
Instruments and Exchange Act are in progress.
Note to ensure appropriate use of forecasts, and other noteworthy items（Cautionary note on forward-looking statements and other information）

The forward-looking statements, including earnings forecasts, contained in these materials are basedon information currently available to the Company and on certain assumptions deemed to be reasonable.
Actual business and other results may differ substantially due to various factors.
(Means of contents of supplementary material on earnings and earnings performance review)

The Company holds presentations for analysts regarding the six-month and year-end results.
Distributed presentation materials and audio recordings from performance reviews are available on
the Company’s website.

―3―Consolidated Financial Statements(1)Consolidated balance sheet(Thousands of yen)
Fiscal year ended
December 31, 2013
(Assets)
Current assets
Cash and deposits
Notes and accounts receivable-trade
Work in process
Deferred tax assets
OtherAllowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and accompanying facilities
Accumulated depreciation
Buildings and accompanying facilities,
NetTools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, Net
Lease assets
Accumulated depreciation
Lease assets, Net
Total Property, plant and equipment
Intangible assets
Goodwill
Software
Software in progress
Other
Total intangible assets
Investments and other assets
Investment securities
Stock of affiliated company
Affiliated company investments
Guarantee deposits
Deferred tax assets
Other
Total investment and other assets
Total noncurrent assets
Total assets－

1 －Fiscal year ended
December 31, 2014

1,513,551
397,926
23,53733,06637,997△1,2622,004,816

1,729,304
412,032
21,30927,91632,414△793
2,222,184

26,876△15,375

27,199△17,077

11,50010,122

143,963△111,629
32,333
4,478△3,732746
44,580154,489△122,338
32,151－－－－
145,566－
1,469
147,0362,483
106,105
2,450
1,469
112,508

122,5442,360
44,22387,4589,864
8,230
274,681466,298
2,471,114

127,5112,360
51,31258,301
9,860
8,340
257,685
412,468
2,634,652

42,273(Thousands of yen)
Fiscal year ended
December 31, 2013
Liabilities
Current liabilities
Accounts payable-trade
Lease obligations
Income taxes payable
Accounts payable-otherAdvances received
Provision for bonuses
Other
Total current liabilities
Noncurrent liabilities
Deferred tax liabilities
Allowance for retirement benefits
Net defined benefit liability
Total noncurrent liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stockCapital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on securities (other thansubsidiaries and affiliated companies)
Currency adjustment accountTotal accumulated other comprehensive
incomeMinority interests
Total net assets
Total net liabilities－

2 －Fiscal year ended
December 31, 2014

181,293783
89,696
68,62789,401
11,74280,406
521,951

167,777－
76,45566,413
83,955
12,991
102,824
510,417

2,007
14,435－
16,442
538,394

2,223－
14,011
16,235
526,652

382,010437,810
1,125,074△77,928
1,866,965

382,510438,310
1,347,482△77,928
2,090,373

84

7

12,29917,61812,383

17,62653,372
1,932,720
2,471,114

2,107,999
2,634,652－(2) Consolidated statements of income and consolidated statements of comprehensive income(Consolidated Statement of Income)(Thousands of yen)
Fiscal year ended
December 31, 2013
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Gain on sales of securities
Investment gain by equity method
Foreign exchange gains
Insurance premiums refunded cancellation
Other
Total non-operating income
Non-operating expenses
OtherTotal non-operating expenses
Ordinary income
Extraordinary loss
Loss on retirement of noncurrent assets
Office transfer expenses
Total extraordinary loss
Income before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Income before minority intrests
Minority intrests in income or loss
Net income－3 －Fiscal year ended
December 31, 2014

3,454,094
2,191,279
1,262,814
944,609318,205

3,708,489
2,402,238
1,306,250
926,097
380,153

1,132
595
2,565
3,029
5,548
4,144
2,064
19,080

2,186
516
－
1,768
7,190
－
719
12,381

7
7337,27830
30
392,504

1,178
21,661
22,839314,438
111,734△17,313
94,421
220,017△437
220,45529－
29392,474
122,043
5,666
127,709
264,764△1,094
265,859

(3)Consolidated statement of cash flows(Thousands of yen)
Fiscal year ended
December 31, 2013
Net cash provided by (used in) operating activities
Income before income taxes
Depreciation and amortization
Amortization of goodwill
Increase (decrease) in allowance for doubtfulaccounts）
Increase (decrease) in provision for bonuses
Increase (decrease) in allowance for retirement
benefits
Increase (decrease) in net defined benefit liability
Interest and dividends income
Loss (gain) on sales of investment securities
Investment gain(loss) by equity method
Insurance premiums refunded cancellation
Loss on retirement of noncurrent assets
Relocation expenses
Decrease (increase) in notes and accounts
receivable-trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts
payable-trade
Increase (decrease) in accrued consumption
taxes
OtherSubtotal
Interest and dividends income received
Income taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investment activities
Payments on purchase of securities
Proceeds from sales of short-term investment
securities
Purchase of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from redemption of securities
Purchase of investments in subsidiaries
Proceeds from collection of lease and guarantee
deposits
Proceeds from collection of guarantee deposits
Payments for insurance premium reserve
Proceeds from cancellation of insurance funds
Payments into time deposits
Proceeds from withdrawal of time deposits
Net cash provided by (used in) investment
activities－4 －Fiscal year ended
December 31, 2014

314,438
82,965
662

392,474
67,479
438

△95

△468

2,034

1,249

113－

－
△1,728△2,565△3,029△4,144
1,178
21,661△423△2,702－△1,768－29－△51,963△19,551△17,772

2,227

44,297△13,516

1,744

41,850△23,308
364,488
2,154△51,733
314,909△21,358445,959
3,871△137,257
312,572△12－

14,926－△18,831△72,751△93,327
33△2,360△13,893△11,871－
110△55,200△27,195△1,8905,450△1,07911,550△1,201
1,200

29,335△960－△1,201－△183,598△55,569(Thousands of yen)
Fiscal year ended
December 31, 2013
Net cash provided by (used in) financing activities
Purchase of treasury stock
Income from issuance of stock
Cash dividends paid
Net cash provided by (used in) financing activities
Increase (decrease) in cash and cash equivalents
Opening balance of cash and cash equivalents
Closing balance of cash and cash equivalents

△16
1,437
△33,711△32,290
99,0201,358,925
1,457,945－

5 －Fiscal year ended
December 31, 2014－
1,000
△43,450△42,450
214,551
1,457,945
1,672,497